Motivated Sellers - large price reduction. Calling all developers! Almost 90 ACRES of land in Tarrant County close to highways and easy access to everything in the Metroplex. Property was previously the Texas Raceway in Kennedale and is now ready for new development. TIRZ overlay. Selling as-is land only. Total property consists of 4 contiguous parcels. Current zoning is Commercial C-2 for approximately 90 acres and City Comprehensive Future Land Use Plan shows Residential Medium Density for this property. Could be a perfect property for many commercial uses today and potentially SFR lot development. Approximately 40% of the total acreage is located in a floodplain.
| Listing Id: | 20440215 |
|---|---|
| List Price: | $2,599,999 |
| Property Type: | Land |
| Property Sub Type: | Unimproved Land |
| Status: | Active Option Contract |
| Unexempt Taxes: | $16,780 |
| Lot Size Square Feet: | 3,919,180.3200 |
| Lot Size Acres: | 89.972 |
| Waterfront?: | No |
| City: | Kennedale |
| County Or Parish: | Tarrant |
| Subdivision Name: | Raceway Estates Add |
| Postal Code: | 76060 |
| AG Exemption?: | Yes |
| Association Type: | None |
| Basement Yn: | No |
| Current Use: | Agricultural, Commercial |
| Development Status: | City Limits, Zoned, Other |
| Directions: | From I20 South, go South on Business 287-Kennedale Parkway 1.7 miles. Right at Kennedale New Hope Road for 1.2 miles. Property on the right. |
| Easements: | Other |
| Elementary School: | Delaney |
| Elementary School Name: | Delaney |
| Exclusions: | Mineral rights. Owner option to remove any lights, metal, buildings, materials, improvements, guardrails, etc. |
| Fencing: | Partial, Pipe, Other |
| High School Name: | Kennedale |
| Intermediate School Name: | Arthur |
| Junior High School Name: | Kennedale |
| Listing Terms: | Cash, Conventional |
| Lot Features: | Acreage, Few Trees, Irregular Lot, Other |
| Lot Size: | 50 to =< 100 Acres |
| Lot Size Area: | 89.9720 |
| Lot Size Source: | Owner |
| Lot Size Units: | Acres |
| Multi Parcel ID: | Yes |
| Municipal Utility District?: | No |
| Possession: | Closing/Funding, Negotiable |
| Possible Use: | Commercial, Mixed Use, Single Family, Other |
| Restrictions: | Unknown Encumbrance(s) |
| School District: | Kennedale ISD |
| Soil Type: | Unknown |
| Special Taxing Entities: | 1 |
| Subdivided?: | Yes |
| Utilities: | Aerobic Septic, City Water, Electricity Available |
| Waterfront Features: | Creek |
| Will Subdivide: | Subdivided |
| Zoning Description: | Mixed Zoning |
Listing Courtesy of: DFW Real Estate Group
Listing Agent: Lucas Sawyer
817-455-6075
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 04:08 PM - CT
Property Last Updated: October 08, 2026 04:08 PM - CT
